Solar power in Corona, California
Southern California Edison provide 1 for 1 value per kWh for exported solar generation under their net metering program. When more energy is exported than drawn in a month credit is still provided at retail value to future bills. At the end of the yearly billing cycle each kWh is valued at about 3-4 cents and is deposited into your account. The new NEM-2 rules require SCE customers to switch to time of use billing reducing returns by about 10% however, this is miniscule and with the decline in equipment prices solar is still a great investment.
The federal ITC allows for 30% of the system costs to be claimed as a deduction to federal taxes, this incentive can be spread over several years to suit anyones financial standpoint. With amazing upfront and post install incentives solar couln't be a wiser choice. Even if you're still sceptical a free estimate by entering your zip code below can never hurt.
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Corona to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Corona and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Corona, California in 2020 is $2.72 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Corona, CA is $13,600. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 6.74kW solar system in Corona, CA
This system would offset 100% of your energy usage if your typical monthly bill is $218, however your situation may vary so try our Corona solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
4 Years 8 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 6.74kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Corona, CA that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in California
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in California
Check out all of the ways energy providers of California can help you be more energy efficient and save money.
The following programs are available:
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.